iBankCoin

THE FED STOLE CHRISTMAS; DOW PLUNGES 367

KRAMPUS is definitely on his way this year, the evil elf who killed Santa and wants to steal your children. In this case, he wants your stocks. He’s going to snatch them from your portfolios and ground them into clown dust.

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Markets have been free-falling after people realized how fucking nuts the Fed and Yellen and Plosser truly are. They aren’t one and done! Are you paying attention to their fucking “dot plot?” They have a plan to get rates back to 4% (lolz) by 2018, which would entail 15 additional hikes.

Do you know what will happen by the time the Fed hikes for the 16th time? We will all be living in a Mad Max world and Le Fly will be a warlord, the thing he was born to be, doling out fresh water supplies to his loyal subjects.

Just today, Fed’s lacker said the January meeting is a live meeting, meaning they might hike again. You’ve got to be fucking kidding me right?

The Fed stole Christmas. Stocks are doomed and the fate of western finance is in the hands of a cromagnon from Kansas, who stores his own refuse in mason jars to fertlize the corn crops in his backyard.

Happy holiday’s!

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14 comments

  1. UncleBuccs

    I wish I had gone snowboarding with Raul..

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  2. surplusdroids

    I think they are just testing out the market. They won’t really raise according to their dot plot if they don’t think the economy has actually improved. Heck, economy nothing, if they don’t think the stocked markets have improved…they won’t raise.

    Bottom line: the dot plot plan is a test case. If the plan’s results do not dictate a raise. No raise happens. Its up to the markets. If the markets continue to sell off. The fed will not raise. If the markets continue to rise over the next 3 years. Then periodic raises.

    The Fed wants control. Not true price discovery.

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  3. og

    BBRY and GPRO rallied hard today. WTF…

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  4. vandamme

    Fly what is the plan for Monday?

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  5. moneybagz

    How the hell they still have a job is beyond me.

    FED GDP forecasts:

    “Since 2010, the midpoint of the central tendency has been on average 0.8 percentage points too high.”

    http://reut.rs/1JcYYoF

    Dots have been and will continue to come down.

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  6. probucks

    Buy GOLD

    and possibly a few cans of beans

    and dust off that shotgun

    Cheers

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  7. alf44

    .

    … ah hem … Verne Troyer was spotted this week !!!

    I see his “MINI Cooper” is still in the parking lot !!!

    …..

    OMEN ???

    You decide !!!

    .

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  8. stockslueth

    Please sir I want moar!

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  9. typebtrading

    Sometimes I wonder if you are being sarcastic or not. lol or not

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  10. juice

    There was a noteworthy, i.e. significant SPY buying on weakness at the close yesterday. http://online.wsj.com/mdc/public/page/2_3022-mfgppl-moneyflow.html?mod=mdc_leader

    So I’m thinking there should be some sort of x-mas week rally.

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  11. gorby

    Just locked in my mortgage-These fuckers might just be
    crazy enough to do what they say they are going to do.

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